Student Loan Marriage Penalty Elimination Act of 2023

12/15/2023, 4:02 PM

Student Loan Marriage Penalty Elimination Act of 2023

This bill allows married couples filing a joint tax return to apply the $2,500 limitation on the tax deduction for student loan interest separately to each spouse.

Congress
118

Number
HR - 5920

Introduced on
2023-10-11

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

10/25/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Student Loan Marriage Penalty Elimination Act of 2023

This bill allows married couples filing a joint tax return to apply the $2,500 limitation on the tax deduction for student loan interest separately to each spouse.

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to allow married couples to apply the student loan interest deduction limitation separately to each spouse, and for other purposes.

Policy Areas
Taxation

Comments

Recent Activity

Latest Summary1/29/2024

Student Loan Marriage Penalty Elimination Act of 2023

This bill allows married couples filing a joint tax return to apply the $2,500 limitation on the tax deduction for student loan interest separately to each spous...


Latest Action10/25/2023
Referred to the House Committee on Ways and Means.